Published in What Government Will Do With Bitcoin·PinnedMember-onlyWho Will Control Bitcoin? The Global CorporatocracyTransnational Corporate Banking Interests Rule the Monetary System — “The world is not sliding, but galloping into a new transnational dystopia. This development has … been hidden by secrecy, complexity and scale.” Chris Hedges, ‘It’s the System of Corporate Power and That Is Not Going To Get Better Unless We Make War Against the System’ (April 2020) The enemies…Money7 min readMoney7 min read
Published in What Government Will Do With Bitcoin·PinnedGovernments Can and Will Attack Bitcoin -A preludeGovernments are Centers of Power. Power Tends to Corrupt. All Governments Tend Towards Abuse. Bitcoin Will Be Targeted — Last edited: Mar 1, 2023 This article is a warning that Bitcoin almost certainly will be brought under full Governmental control during this decade. That conclusion is rooted in 3 premises. Premises In a free market, Bitcoin will outcompete all Government currencies. Bitcoin is an awesome form of money that, if…Bitcoin21 min readBitcoin21 min read
Published in What Government Will Do With Bitcoin·PinnedExecutive Summary: The Who, What, Where, Why, When, & How of Total Bitcoin ControlWhat to expect in the stories published here. — I’m a fan of Bitcoin, a believer in the principles underlying Bitcoin, and a buyer of Bitcoin. Bitcoin is open, honest, permissionless, awe-inspiring money. Yet, the evidence is overwhelming that Government can and will seize control of Bitcoin -almost certainly before this decade ends. This Medium ‘Publication’ contains a series…Bitcoin6 min readBitcoin6 min read
Published in What Government Will Do With Bitcoin·PinnedMember-onlyWhat Government Will Do with BitcoinGovernment Will Regulate Bitcoin Mining and Thereby Control All Bitcoin Transactions Globally — Last edited December 16, 2022 The Bitcoin network will not be permitted to become an independent global monetary system. However, governments will not deem it necessary to kill Bitcoin. Bitcoin will be fully controlled so that money and people can be fully controlled. A complete shutdown of Bitcoin would create…Bitcoin9 min readBitcoin9 min read
Published in What Government Will Do With Bitcoin·PinnedThe Long History of Conspiracy for Private Control of GovernmentCenturies of Warnings from Leaders in Politics, Military, Academia, and Media — Leader after leader, including many U.S. Presidents, Senators, Congressmen, and leaders in the Military, Academia, and the Media have warned the public that owners of banks and major corporations conspire to control the levers of governmental power. The tendency of humans to conspire to gain an advantage, at the expense…History38 min readHistory38 min read
Jan 12I read your article and get your point.721Peter's DreamsThank you, Peter, good points.Thank you, Peter, good points. You have my heartfelt agreement, -except that I’m not gloomy or doomy. Freedom and Tyranny both require constant vigilance. They are neither won forever, nor lost forever. They rise and ebb in intergenerational cycles. Hard times make strong men. Strong men create good times. Good…1 min read1 min read
Apr 21, 2022You don't get it.51AnophelesAnopheles, the forms of money which meet your definition - “simply a means of transferring wealth…Anopheles, the forms of money which meet your definition - “simply a means of transferring wealth, and a common, accepted measure of wealth.”, -include Government defined currencies, gold, crypto, and more. Each is used to transfer wealth and each are common accepted measures of wealth. …2 min read2 min read
Mar 22, 2022Member-onlyHow Regulation of Bitcoin Mining Results in Complete Government Control of all Bitcoin GloballyLast edited Jan 7, 2023 The current version of Bitcoin will not be banned or killed. Instead, it will be converted into another tool of government control. To achieve control of the Bitcoin blockchain, Western governments will jointly regulate the majority of the Bitcoin mining hash rate. They will require…Cryptocurrency9 min readCryptocurrency9 min read
Mar 21, 2022I'd like to understand how regulated mining pools would castrate the use of Bitcoin.211Johannes HörteisHello Johannes,Hello Johannes, Thank you for the questions. God loves thinking people. I enjoy them too. “I'd like to understand how regulated mining pools would castrate the use of Bitcoin.” Bitcoin will be castrated by losing its qualities of being a store of value, being permissionless and being unconfiscatable. Western governments…6 min read6 min read
Mar 9, 2022Interesting perspective.121Matt HarderHello Matt,Hello Matt, Truth be told, I doubt it will be much of a battle at all. The government will regulate Bitcoin mining -requiring miners to only confirm transactions from approved exchanges. The regulation will appear reasonable and will get compliance from large mining pools (majority of the hash rate) and…1 min read1 min read
